CIS: Inorganic Composite Solvents Market 2020

Inorganic Composite Solvents Market Size in CIS

The revenue of the inorganic composite solvents market in CIS amounted to $X in 2017, approximately reflecting the previous year. The inorganic composite solvents consumption continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. The level of inorganic composite solvents consumption peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Inorganic Composite Solvents Production in CIS

The inorganic composite solvents production totaled X tons in 2017, coming up by X% against the previous year. The inorganic composite solvents production continues to indicate a remarkable growth. The pace of growth was the most pronounced in 2017, when the output figure increased by X% y-o-y. In that year, the inorganic composite solvents production reached their peak volume, and is likely to continue its growth in the immediate term.

Inorganic Composite Solvents Exports in CIS

The exports totaled X tons in 2017, rising by X% against the previous year. The inorganic composite solvents exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013, when exports increased by X% year-to-year. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, inorganic composite solvents exports amounted to $X in 2017. The total exports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the inorganic composite solvents exports decreased by -X% against 2013 indices. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Inorganic Composite Solvents Exports by Country in CIS

Russia dominates inorganic composite solvents exports structure, accounting for X tons, which was approx. X% of total exports in 2017. Belarus (X tons) held the weak share of total exports.

Exports from Russia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Belarus (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. While the share of Belarus (-X%) and Russia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest inorganic composite solvents supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Russia stood at +X%.

Inorganic Composite Solvents Export Prices by Country in CIS

In 2017, the inorganic composite solvents export price in CIS amounted to $X per ton, declining by -X% against the previous year. The inorganic composite solvents export price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. The level of export price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Belarus ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (+X% per year).

Inorganic Composite Solvents Imports in CIS

In 2017, the amount of inorganic composite solvents and thinners for varnishes imported in CIS stood at X tons, leveling off at the previous year. The inorganic composite solvents imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, inorganic composite solvents imports totaled $X in 2017. The total imports indicated a moderate growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the inorganic composite solvents imports increased by +X% against 2015 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Inorganic Composite Solvents Imports by Country in CIS

Russia was the main importing country with an import of about X tons, which reached X% of total imports. Kazakhstan (X tons) ranks second in terms of the global imports with a X% share, followed by Azerbaijan (X%) and Belarus (X%).

Russia experienced a relatively flat trend pattern of inorganic composite solvents and thinners for varnishes imports. At the same time, Azerbaijan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Kazakhstan experienced a relatively flat trend pattern. While the share of Russia (X%) increased significantly in terms of the global imports from 2007-2017, the share of Belarus (-X%) and Azerbaijan (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported inorganic composite solvents and thinners for varnishes in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

In Russia, inorganic composite solvents imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+X% per year) and Belarus (+X% per year).

Inorganic Composite Solvents Import Prices by Country in CIS

In 2017, the inorganic composite solvents import price in CIS amounted to $X per ton, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Kazakhstan ($X per ton) and Belarus ($X per ton), while Azerbaijan ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform